NOT LISTED FOR SALE

1406 Walter Ave Louisville, KY 40215

Hazelwood Neighborhood

Estimated Value: $151,000 - $190,000

1 Bed
2 Baths
1,372 Sq Ft
$125/Sq Ft Est. Value

Last Sold December 12, 2023

Last sale price $140,000 $102 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,049/month

66 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Porch

About This Home

As of December 2023

Duplex in Iroquois Park area, offers versatile potential for investors as rental income or house hackers to live in the first floor unit while renting out the second floor. The main level is designed for comfortable living with two bedrooms and a full bath. It features an eat-in kitchen with all appliances remaining, a spacious living room, and convenient mudroom/laundry area. New flooring and fresh paint make this unit is rent ready.
The upstairs unit is currently rented and offers a bedroom, living/flex area, kitchen, and a full bath with laundry hook ups in the closet.
Each unit has separate electric meters for easy management. Plus, the roof and first-floor AC unit were installed in 2019, reducing maintenance concerns. Owner pays for water.

Last Agent to Sell the Property

Teresa Wallace

RE/MAX Premier Properties License #220725 Listed on: 10/27/2023

RE/MAX Premier Properties

Last Buyer's Agent

Richard Dean

Richard Dean Realty Company, LLC License #212788

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,798

Year Built

  • Built in 1909

Lot Details

  • 4,182

Home Design

  • 1,372 Sq Ft Home
  • Duplex
  • Shingle Roof
  • Vinyl Siding

Outdoor Features

  • Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Greenfield Add Subdivision

Listing and Financial Details

  • Tenant pays for gas, electric, cable
  • The owner pays for water, sewer
  • Legal Lot and Block 0040 / 067C
  • Assessor Parcel Number 067C00400000
  • Seller Concessions Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,798

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Cooling System: Wall/Window Unit(s)
  • Lot Dimensions: .0996 acres
  • Property Sub Type: Duplex
  • Property Type: MultiFamily
  • Garage Yn: No
  • Subdivision Name: GREENFIELD ADD
  • Above Grade Finished Sq Ft: 1372.0
  • Architectural Style: Bungalow
  • ResoBuildingAreaSource: Other
  • Utilities Electricity Connected: Yes
  • Roof:Shingle: Yes
  • Utilities City Sewer: Yes
  • Special Features: None

Interior Features

  • Basement YN: No

Exterior Features

  • Roof: Shingle
  • Construction Type: Wood Frame, Vinyl Siding
  • Exterior Features: Porch
  • FeaturesExteriorPorch: Yes
  • Construction:Frame - Wood2: Yes

Utilities

  • Utilities: City Sewer, City Water, Electricity Connected
  • Cooling Y N: Yes
  • Heating: Forced Air, Other
  • HeatingYN: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 067C00400000

Rental Info

  • Owner Pays: Water, Sewer
  • Tenant Pays: Gas, Electric, Cable

Building Info

  • Year Built: 1909

Tax Info

  • Tax Block: 067C
  • Tax Lot: 0040

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2018
Closed on
Jun 19, 2019
Sold by
Churchman Mark A and Churchman Kathryn A Keene
Bought by
Led Ballon Llc
Seller's Agent
Scott U'Sellis
USellis Realty Incorporated
Buyer's Agent
Teresa Wallace
Keller Williams Realty- Louisville
List Price
$127,500
Sold Price
$96,000
Premium/Discount to List
-$31,500
-24.71%
Current Estimated Value
$171,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,712
Avg. Annual Appreciation
9.57%
Original Mortgage
$76,800
Outstanding Balance
$50,258
Interest Rate
4%
Mortgage Type
Commercial
Estimated Equity
$121,454

Purchase Details

Closed on
May 30, 2013
Sold by
Churchman Patrick J and Churchman Judith A
Bought by
Churchman Mark A and Churchman Kathryn A Keene
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Led Ballon Llc $96,000 Mattingly Ford Ttl Svcs Llc
Churchman Mark A $25,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Led Ballon Llc $76,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/12/2023 12/12/23 Sold $140,000 -3.4% $102 / Sq Ft
11/13/2023 11/13/23 Pending -- -- --
10/27/2023 10/27/23 For Sale $145,000 0.0% $106 / Sq Ft
10/18/2023 10/18/23 Pending -- -- --
09/08/2023 09/08/23 For Sale $145,000 +51.0% $106 / Sq Ft
06/19/2019 06/19/19 Sold $96,000 +1.1% $70 / Sq Ft View Prior Sale
05/02/2019 05/02/19 Pending -- -- --
02/20/2019 02/20/19 Price Changed $95,000 -4.9% $69 / Sq Ft
11/01/2018 11/01/18 Price Changed $99,900 -7.1% $73 / Sq Ft
10/25/2018 10/25/18 Price Changed $107,500 -2.2% $78 / Sq Ft
10/05/2018 10/05/18 Price Changed $109,900 -2.3% $80 / Sq Ft
09/12/2018 09/12/18 Price Changed $112,500 -4.3% $82 / Sq Ft
08/23/2018 08/23/18 Price Changed $117,500 -2.0% $86 / Sq Ft
06/30/2018 06/30/18 Price Changed $119,900 -3.7% $87 / Sq Ft
05/03/2018 05/03/18 Price Changed $124,500 -2.4% $91 / Sq Ft
03/28/2018 03/28/18 For Sale $127,500 -- $93 / Sq Ft
Source: Metro Search, Inc.

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,798 $140,000 $7,650 $132,350
2023 $1,288 $96,000 $12,000 $84,000
2022 $1,306 $96,000 $12,000 $84,000
2021 $1,392 $96,000 $12,000 $84,000
2020 $1,319 $96,000 $12,000 $84,000
2019 $741 $55,250 $12,000 $43,250
2018 $732 $55,250 $12,000 $43,250
2017 $720 $55,250 $12,000 $43,250
2013 $655 $65,460 $10,000 $55,460
Source: Public Records

Agents Affiliated with this Home

  • Teresa Wallace

    Seller's Agent in 2023

    Teresa Wallace

    RE/MAX

    (502) 777-8787

    1 in this area

    206 Total Sales

    Teresa Wallace
    Section Image
  • Richard Dean

    Buyer's Agent in 2023

    Richard Dean

    Richard Dean Realty Company, LLC

    (502) 345-2478

    1 in this area

    65 Total Sales

    Richard Dean
    Section Image

  • S

    Seller's Agent in 2019

    Scott U'Sellis

    USellis Realty Incorporated

    (502) 386-8694

    16 Total Sales

    Scott U'Sellis
    Section Image
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Map

Source: Metro Search, Inc.

MLS Number: 1644864

Metro Search, Inc.

APN: 067C00400000

Kentucky Jefferson County Louisville 40215 Hazelwood

1406 Walter Ave, Louisville, KY

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